thinking about turning this into an actual business ? where do I even start
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so ive been flying for about two years now, mostly recreational stuff, got my part 107 last spring and ive done a few paid gigs for friends and a local real estate agent who needed some property shots. nothing crazy but people keep asking me if i do this professionally and honestly i think i could make something out of it if i actually set it up properly.
the thing is i have no idea how to structure any of it. like do i need an LLC right away or can i just operate as a sole proprietor for a while to see if it sticks. and insurance is confusing me ? ive looked at Skywatch and Verifly and a couple others but i dont really know if i need hull coverage on top of liability or if liability alone is enough when youre just starting out. the real estate agent ive been shooting for mentioned she'd refer me to other agents in her office but id want to have everything legit before i start taking on more clients.
also pricing ? this is the part that kills me. i have no clue what to charge. i dont want to undercut the market and make it bad for other operators but i also dont want to price myself out before i even have a portfolio. any of you go through this? what did the early days look like for you